Shanghai-based Lulutrip was incorporated in the Silicon Valley of the United States in 2007. The company has accumulated rich resources in North America, Europe, Australia and New Zealand, and has served more than 500,000 users.

Meanwhile, Woqu has raised USD 25 million in its series B+ round funding. Yuantai Changqing Fund was the lead investor, and Lightspeed Venture Partners also participated.

In 2014, Woqu raised millions of dollars in its A round backed by Morningside Venture Capital, followed by a 20-million-dollar B round which had Tencent as the lead investor. (Translated by Jerry)